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Daily Chart Analysis

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The global COVID-19 pandemic is still not optimistic
2020/6/12
38 confirmed cases of COVID-19 in Beijing may affect asset prices in Asian markets, The dollar fell to a three-month low, driving gold to rise
2020/6/15

Daily Chart Analysis

2020/6/15
1. Range bound 1680 - 1640
Resistance / Support Remarks
Resistance 3 1766 Previous peak
Resistance 2 1750 -
Resistance 1 1740 Yesterday's high
Market Price 1728 @ 12:44
Support 1 1727 5 Days MA
Support 2 1720 20 Days MA
Support 3 1710 20 Days MA
*Risk Warning: Trading on bullion with margin carries a high degree of risk.

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RISK OF TRADING IN OVER-THE-COUNTER GOLD BULLION/SILVER CONTRACTS:
Service relating to Over-the-counter Gold Bullion/Silver trading is provided by GMO-Z.com Bullion HK Limited. Over-the-counter Gold Bullion/Silver ("Bullion") trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Bullion is not regulated by the Securities and Futures Commission ("SFC") and therefore trading Bullion will not be subject to rules or regulations promulgated by the SFC which includes but is not limited to Client Money rules. Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require.
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